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Economics and Investing:

From Jim Willie of the Golden Jackass Newsletter: Derivatives: Abuse, Props, Risks [1]

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The 14th one to go this year: U.S. regulators close small bank in Chicago [2]. – G.G.

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Items from Mr. Econocobas:

U.S. Meat, Seafood Prices Rising on Drought and Disease: USDA [3]

US New-Home Sales Plummet in June [4]

No Inflation Friday: Dollarized Panama Issues Price Controls For Basic Goods [5]